Bord na Móna in €50m deal

Bord na Móna has signed a €50m deal to supply renewable electricity to Irish energy supplier Vayu who will sell the electricity on to its business customers.

As part of a power purchase agreement, electricity produced by a new Bord na Móna landfill plant in Co Kildare, will be supplied to Vayu for 15 years.

The plant, powered by gas that is produced from the decomposition of waste in the landfill site, produces 5.6 megawatts of renewable energy, which is estimated to be enough to supply power to 14,000 homes.